The chart below shows the number of Bank Owned and Short Sales in all areas of the RMLS™ system during 2011. To download or print this chart, click here.All Areas when comparing percentage share of the market 2010 to 2011

• Comparing 2010 to 2011 distressed sales as a percentage of closed sales increased from 29.3% to 33.5%
• New listings dropped from 78,903 to 61,980 which is a 21.4% decrease
• Short sales comprised 13.9% of new listings and 10.7% of sold listings in 2011, up 2.1% and 1.8% from 2010 respectively as a percentage of the market.
• Bank owned properties comprised 13.1% of new listings and 22.8% of sales in 2011, rising slightly from 12.3% and 20.4% respectively in 2010.